Note: The following is an abridged English translation of Financial Report (Kessan Tanshin) of SECOM CO., LTD. The Company
provides this translation for your reference and convenience only and without any warranty as to its accuracy or otherwise.
May 11, 2016
Company name: SECOM CO., LTD. (URL: http://www.secom.co.jp/) Code number: 9735 Tokyo Stock Exchange ----- First Section Representative: Yasuo Nakayama, President and Representative Director
For inquiries: Junzo Nakayama, Executive Director Phone (03) 5775-8100 Scheduled date of General Shareholders' Meeting: June 24, 2016
Scheduled date of dividend payout: June 27, 2016
Scheduled date of filing Securities Report: June 24, 2016 Preparation of supplementary materials: Applicable
Holding of results information meeting: Applicable (for institutional investors and analysts)
Consolidated financial results for the fiscal year ended March 31, 2016 (April 1, 2015 - March 31, 2016)
Consolidated operating results (In millions of yen, figures rounded down)
Years ended March 31
2015
2016
Revenue
840,722
2.2%
881,028
4.8%
Operating profit
123,615
3.0%
128,582
4.0%
Ordinary profit
136,688
7.9%
134,826
(1.4%)
Net income
attributable to owners of the parent
75,392
7.9%
77,039
2.2%
Basic net income per share (in yen)
345.42
352.97
Diluted net income per share (in yen)
‐
‐
Net income / Equity
9.9%
9.4%
Ordinary profit / Total assets
10.0%
9.1%
Operating profit / Revenue
14.7%
14.6%
Note 1: Comprehensive income:
Year ended March 31, 2016: JPY 65,157 million [(46.1%)]
Year ended March 31, 2015: JPY 120,990 million [24.2%]
Note 2: Net gains from investment in affiliated companies accounted for under the equity method: Year ended March 31, 2016: JPY 6,069 million
Year ended March 31, 2015: JPY 4,812 million
Note 3: There is no diluted net income per share as there are no shares with dilutive effect. Note 4: Percentage figures represent changes from the results of the previous year.
Consolidated financial positions (In millions of yen, figures rounded down)
March 31, 2015
March 31, 2016
Total assets
1,410,715
1,568,052
Net assets
907,341
943,144
Equity ratio
56.7%
53.1%
Net assets per share (in yen)
3,667.33
3,817.82
Note 1: Equity as of:
March 31, 2016: JPY 833,284 million
March 31, 2015: JPY 800,445 million
Note 2: Equity is calculated by deducting noncontrolling interests in subsidiaries from net assets. Net assets per share is calculated by dividing equity by the number of common shares outstanding, excluding treasury stock, as of March 31.
Consolidated cash flows (In millions of yen, figures rounded down)
Years ended March 31
2015
2016
Cash flows from operating activities
130,846
136,734
Cash flows from investing activities
(65,184)
(129,247)
Cash flows from financing activities
(49,790)
(26,849)
Cash and cash equivalents at end of the period
241,716
221,760
Dividends (In millions of yen, figures rounded down)
Years ended March 31
2015
2016
2017
(projected)
1st quarter dividends per share (in yen)
-
-
-
2nd quarter dividends per share (in yen)
60.00
65.00
70.00
3rd quarter dividends per share (in yen)
-
-
-
Year-end dividends per share (in yen)
65.00
70.00
75.00
Annual dividends per share (in yen)
125.00
135.00
145.00
Total annual dividend payout
27,283
29,465
Dividend payout ratio (consolidated)
36.2%
38.2%
38.5%
Total dividends / Net assets (consolidated)
3.6%
3.6%
Six-month period ending September 30, 2016
Year ending March 31, 2017
Projected revenue
438,200
7.2%
933,900
6.0%
Projected operating profit
58,700
(2.5%)
130,000
1.1%
Projected ordinary profit
61,100
(3.1%)
135,100
0.2%
Projected net income
attributable to SECOM CO., LTD
38,000
(5.1%)
82,300
6.8%
Projected basic net income per share (in yen)
174.10
377.07
Projections for the consolidated financial results for the fiscal year ending March 31, 2017 (April 1, 2016 - March 31, 2017) and the six-month period ending September 30, 2016 (April 1, 2016 - September 30, 2016) (In millions of yen)
Note 1: The projected basic net income per share is calculated based on the number of common shares outstanding, excluding treasury stock, as of March 31, 2016.
Note 2: Percentage figures represent changes from the results of the corresponding periods of the previous year.
* Note
Significant changes in subsidiaries during the period (changes in specified subsidiaries accompanied with changes in scope of consolidation): None
Changes in accounting policies, accounting estimates and/or restatements:
① Changes in accounting policies associated with amendment of accounting standards: None
② Other changes in accounting policies: None
③ Changes in accounting estimates: None
④ Restatements: None
Number of common shares outstanding:
Nonconsolidated operating results
(In millions of yen, figures rounded down)
Years ended March 31
2015
2016
Revenue
370,663
1.8%
376,044
1.5%
Operating profit
73,174
0.4%
75,664
3.4%
Ordinary profit
81,572
3.4%
86,612
6.2%
Net income
57,492
11.6%
58,442
1.7%
Basic net income per share (in yen)
263.41
267.76
Diluted net income per share (in yen)
‐
‐
Note: Percentage figures represent changes from the results of the previous year.
Nonconsolidated financial positions
① Number of common shares outstanding, including treasury stock, as of: March 31, 2016: 233,288,717shares
March 31, 2015: 233,288,717 shares
② Number of shares of treasury stock as of:
March 31, 2016: 15,026,824 shares
March 31, 2015: 15,024,812 shares
③ Number of average common shares outstanding over:
The year ended March 31, 2016: 218,262,729 shares
The year ended March 31, 2015: 218,265,379 shares
[Reference] Summary of nonconsolidated results1. Nonconsolidated financial results for the fiscal year ended March 31, 2016 (April 1, 2015 - March 31, 2016)
(In millions of yen, figures rounded down)
March 31, 2015 | March 31, 2016 | |
Total assets | 795,778 | 826,124 |
Net assets | 650,132 | 678,355 |
Equity ratio | 81.7% | 82.1% |
Net assets per share (in yen) | 2,978.65 | 3,107.99 |
Note: Equity as of:
March 31, 2016: JPY 678,355 million
March 31, 2015: JPY 650,132 million
Note on status of audit proceduresThis report is excluded from the scope of audit procedures pursuant to the Financial Instruments and Exchange Act. Audit procedures for financial statements have not been completed at the time of disclosure of this report.
Note on appropriate use of projections for the financial results; other special items:The forward-looking statements including the future performance described in this document are provided based on both all information available at this moment and certain assumptions considered reasonable. Actual performance may differ materially from the forward-looking statements due to various factors hereafter occurred. For matters regarding assumptions on financial projections and notes for the use of financial projections, please refer to "1. Operating Results (1) Analysis on Operating Results" on page 2 to 5 in the appendices.